Legal Officer (Mortgage)

EDUCATION: Bachelor of Laws
EXPERIENCE: At least 2 years of work experience
TRAINING: At least 8 hours of relevant training

BRIEF:
The position requires knowledge in Real Estate Mortgage and Land Titles and Deeds. It is related to Housing Loan applications of those from underprivileged communities

SCOPE OF WORK:

1. Assists in reviewing and validating loan and mortgage documents as to their validity, legality, enforceability, and acceptability based on the CMP (Community Mortgage Program) policies and guidelines;
2. Assists in the preparation of mortgage examination findings through thorough review of the submitted documents for approval of loan application;
3. Assists in communicating mortgage examination findings accurately to stakeholders for correct and complete compliance;
4. Prepares transmittal letter for the release of check payments to landowner/s for proper monitoring of payment;
5. Assists in coordinating with SHFC linkages and partners to secure documents necessary for the approval of the loan applications;
6. Assists in collating the required documents necessary for the transfer of title to community association's name with annotation of the REM;
7. Assists in collating and reviewing of mortgage documents after issuance of letter of guaranty based on the ME checklist for processing of loan release;
8. Assist in maintaining proper safekeeping of mortgage documents submitted including title's property with annotation of the REM for the protection of the released loan;
9. Performs other functions that may be assigned from time to time;